This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, click the "Reprints" link at the bottom of any article.

July 30, 2012

Top 10 Biggest U.S. Banks in 5 Key Reputation Categories

Dix & Eaton ranked the nation’s largest bank holding companies in the five critical categories, like ROI and image, that determine reputation

Which of the 10 banks has the top spot locked up in each of the key categories?

American financial institutions have taken a grievous hit to their reputation in recent years. As a result, the trust and admiration of their stakeholders has grown disappearingly small.

The drivers were weighted according to the importance each was given in the analysis. The top five in terms of their influence on reputation:

Return on shareholder investment (ROI)

Corporate social responsibility

Transparency

Sustainability

Image

The other four drivers were perception of stability, innovation, leadership and stakeholder relationship.

A focus on where the institutions ranked among the top drivers “will yield them the largest return on their investments given proper focus and direction within their competitive industry,” Pamela Cohen, the D&E behavioral economist who led the analysis, said in a statement.

The rankings were finalized in April, Cohen told AdvisorOne in a telephone interview. When rankings are reissued after the end of the second quarter, she said, shifts are likely, in particular the position of JPMorgan Chase, which has run into a rough patch in recent weeks.

The analysis drew on 30 data sources, including industry rankings, surveys and government statistical information, D&E said in the statement.

It then used the proprietary D&E Impact Index, which combines behavioral economics and statistical modeling to provide a comprehensive, quantified analysis of intangible assets and then links those assets to desired outcomes for an organization or industry.

No single institution was first on every driver.

Following are the 10 banks ranked in each of the top five value categories that drive reputation. The institutions in the analysis were the largest bank holding companies by assets as of March 31. Check out which banks were rated highest overall in Top 10 Biggest U.S. Banks With Best Reputations.

ThinkAdvisor's TechCenter is an educational resource designed to give you a competitive edge by keeping you abreast of new tech innovations and need-to-know information that can be applied to your business.